Register your LLP in 10–15 days. The right structure for service businesses, professional partnerships, and bootstrapped ventures that want liability protection without Pvt Ltd compliance.
A clean handoff. You send us a list of documents, we handle the rest.
A Limited Liability Partnership (LLP) is a hybrid business structure introduced by the LLP Act, 2008, combining the operational flexibility of a partnership with the limited liability protection of a company. Partners are not personally liable for the wrongful acts or negligence of other partners, and the LLP itself is a separate legal entity that owns assets and signs contracts in its own name.
LLPs were created to address the limitations of traditional partnerships, where every partner was personally liable for the actions of every other partner. For service-based businesses, law firms, accounting practices, consulting groups, design studios, that exposure was a structural risk. LLPs solve this without forcing the founders into the higher-compliance world of a Pvt Ltd.
An LLP has a minimum of 2 partners with no upper limit. Out of these, at least 2 must be designated partners responsible for compliance, and at least one designated partner must be an Indian resident. There is no minimum capital requirement, and partners contribute as agreed in the LLP Agreement. The LLP operates under MCA supervision with significantly lighter annual compliance than a Pvt Ltd.
For service businesses and bootstrapped ventures that do not plan to raise equity, LLP offers a strong balance: limited liability for all partners, separate legal entity status, partner flexibility, and roughly 60% lower annual compliance cost than a Pvt Ltd. Audit is only required when turnover crosses ₹40 lakh or contribution crosses ₹25 lakh. For founders who plan to keep the business closely held, LLP is often the smarter choice.
The biggest practical difference is funding. LLPs cannot issue equity shares, cannot raise capital from venture investors, and cannot issue ESOPs to employees. Ownership is structured as partner contributions, governed by the LLP Agreement. If you plan to raise priced equity rounds at any point, choose Pvt Ltd; conversion from LLP to Pvt Ltd is possible but adds 30–60 days of work.
Six reasons the LLP structure works for the right kind of founder.
Standard requirements set by the Companies Act, 2013. We'll walk you through anything specific to your situation.
Three steps. We handle two of them. Total timeline: 7–10 days from the day you send documents.
The structural differences that matter when you're choosing an entity type for your business.
Getting your Certificate of Incorporation is the start, not the finish line. A newly registered Private Limited Company has a list of statutory obligations that begin from day one, and missing them attracts penalties from the MCA, the Income Tax department, and (if applicable) the GST authority.
Within 30 days of incorporation, the LLP Agreement must be filed with the MCA via Form 3. This agreement governs profit-sharing, capital contributions, decision rights, and partner duties, it is the LLP equivalent of a shareholders agreement. The LLP cannot legally function without a registered LLP Agreement. We draft and file this as part of the incorporation engagement.
Your LLP already has its PAN and TAN. If your turnover is expected to exceed the GST threshold (₹40 lakh for goods, ₹20 lakh for services in most states), or if you operate across state lines or sell through e-commerce, GST registration is required. LLPs are taxed at a flat 30% on profits, with surcharge and cess applicable based on turnover.
Once registered, you're on a recurring compliance schedule with the MCA and the Income Tax department. The core annual filings include:
These are the kinds of recurring obligations most founders underestimate, and where partnering with a full-service CA firm pays for itself.
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